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1204 Ansel Road Cleveland, OH 44108

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For Sale
$274,900

MULTI_FAMILY - Cleveland, OH

Property size:
2,658 SF
Lot size:
0.09 Acres
Price / SF:
$103/SF
Added:
Apr 25, 2026
Days on Market:
2
Last Refresh:
Apr 26 at 5:06 am

Property Features for 1204 Ansel Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 7, Bathroom 1, Bedroom 5, Laundry Room, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Basement, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 2
Parking features
Off Street
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
107-11-026
Size
2,658 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
384 STENGER 0003 ALL
Tax Annual Amount
920

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Water source
Public

Building Details

Year built
1910
Floors in Building
3
Building materials
AluminumSiding
Roof type
Asphalt

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Listing Contact
Iris Wheeler

Listing agent Iris Wheeler License #2021002542

Listing office Keller Williams Greater Cleveland Northeast 7400 Center Street, Mentor, OH

Listing date Apr 25, 2026

MLS# 5204169 Listing URL

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Duplex Investment Opportunity in Cleveland

This side-by-side duplex in Cleveland, OH, presents a strong investment opportunity with immediate income potential. One unit is currently occupied by a long-term tenant of over 20 years, generating a monthly rental income of $1558 on a month-to-month lease. The second unit has been updated and is move-in ready, advertised for rent at $1600. Both units are spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms; one unit includes 2 full bathrooms, while the other offers 1 bathroom. The updated unit showcases neutral finishes and includes an additional bonus room. The property is ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, offering exceptional convenience for tenants. Easy access to public transportation simplifies commuting, adding to the rental appeal. The property is Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor's portfolio. The property size is 2658 square feet and the lot size is 0.0918 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.625371
Latitude
41.522314

FAQs

What type of property is this?
Duplex - Side-by-side duplex near Cleveland Clinic with immediate income.
Where is this duplex located?
The property is located at 1204 Ansel Road Cleveland, OH.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: High Cap Rate: Property delivers over a 10% cap rate, presenting a strong investment opportunity.; Immediate Income: One unit is already occupied with a long‑term tenant (20+ years) providing consistent rental income.; Updated & Move‑in Ready: The second unit has been updated and is ready for a new tenant, maximizing rental potential.
More about this property
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